Question 1 (1 point) Suppose that BC Ferries increases ferry fares and find its total revenue decreases.

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Question 1 (1 point) Suppose that BC Ferries increases ferry fares and find its total revenue decreases. Which of the following COULD be the own price elasticity of demand for ferry trips? 1. 4. 2. 0.3 3. 1.2 If 1 and 3 only. if 2 and 3 only. If 1 only. .11: 2 only

Posted Date: Jun 12, 2024 02:12 PM

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Question 1 (1 point) Suppose that BC Ferries increases ferry fares and find its total revenue decreases.

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